Q3 NAND Flash bit shipments increased by nearly 11% QoQ and ASP rose by nearly 4% QoQ, says TrendForce, while revenue was up 15% QoQ increase to a new record high of $18.8 billion in 3Q21.
Q4 will see prices start to drop.
NAND Flash bit shipment increased by only about 5% QoQ due to weakening demand from PC OEMs and low inventory levels of certain other components carried by Samsung’s clients. Samsung’s NAND Flash revenue for 3Q21 reached $6.51 billion, a 16.5% QoQ increase.
Kioxia’s ASP increased by about 4% QoQ, resulting in a revenue of US$3.64 billion, which represents a 20.8% QoQ increase and the highest single-quarter revenue in Kioxia’s history.
Thanks to an ASP increase of about 5% QoQ, Hynix’s NAND Flash revenue for 3Q21 reached $2.54 billion, a 25.6% QoQ increase.
Western Digital’s Q3ASP fell by 3% QoQ and revenue for 3Q21 reached $2.49 billion, a 2.9% QoQ increase.
Micron’s Q3 ASP was up by about 5% QoQ and revenues for reached $1.97 billion, an 8.8% QoQ increase.
Intel had a 5% QoQ in Q3 NAND Flash bit shipments which was offset by an increase in ASP. Intel’s NAND Flash revenue for 3Q21 reached $1.11 billion, a slight 0.6% QoQ increase.